David S. Olivier & Associates is your FHA certified appraisal companyThe FHA retains of approved appraisers for each state - David S. Olivier & Associates is on the roster of approved appraisers for LA. If you have an FHA-secured mortgage, be sure to call David S. Olivier & Associates, as we are approved and qualified to perform FHA appraisals. A portion of the ongoing training our staff at David S. Olivier & Associates completes deals exclusively with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is backed by them. The lending company provides all the money in the loan; the FHA simply secures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Available to all consumers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lesser income or less starting capital to put down on a mortgage benefit the most from FHA loan programs. |